Raley's Pricing Analyst
West Sacramento, CA - USA
Job Summary
Who We Are
The Raleys Companies is a private family-owned and purpose-driven retail company headquartered in West Sacramento CA. Since our founding in 1935 our store operations have grown to include more than 235 locations across four states and four Tribal Nations under eight well-known banners: Raleys Bel Air Nob Hill Foods Raleys O-N-E Market Bashas Food City AJs Fine Foods and Bashas Diné addition The Raleys Companies bridges the divide between the physical and digital retail experiences through the operation of Apium Logistics Fieldera and FieldTRUE. Built on a higher purpose the organization and our over 21000 employees are committed to quality offerings exceptional service and doing right by our team members communities and planet.
Today the Raleys Bel Air Markets Nob Hill Foods and Raleys O-N-E Market banners carry on Toms legacy of innovation by serving as more than grocery stores. Our purpose of changing the way the world eats one plate at a time has made Raleys a trusted source for nutrition and wellness. We strive to enhance transparency and education in the food system to help customers make more informed healthy food choices. We also serve as the destination for the best fresh products affordable offerings and personalized service.
Perks & Benefits
Competitive compensation paid weekly
Retirement Savings Plan - 401(k) including company contributions and matching funds
Tuition Reimbursement for qualified courses
Scholarship opportunities for continued education
Medical dental and vision insurance for yourself and eligible dependents
Paid time off
Family leave and time off
Life insurance
Wellness Programs (Raleys Healthy Lifestyles)
Flexible Spending Account (pre-tax - commuter childcare and medical expenses)
Health Savings Account
Corporate store and discount programs (10% off groceries free items)
Discounts to amusement parks gym memberships mobile phone plans etc.
Employee Assistance Program (free financial legal and mental health services)
Charitable contribution opportunity and volunteer time off and community events
Position Purpose
As our Pricing Analyst you will execute and maintain pricing strategies established by Category Managers while managing multiple pricing zones based on competitive market analysis. This role is responsible for generating insights that support category sales margin and rate performance through the use of historical and competitive data. This position requires strong analytical capabilities knowledge of retail pricing strategy and the ability to implement pricing objectives within merchandising systems.
What Youll Do & How Youll Make a Difference
Conduct research produce analysis and recommend actions to optimize sales and margin performance
Perform competitive pricing analysis comparing products against market competitors
Implement and maintain pricing structures that align with guidelines and financial targets
Maintain competitive pricing databases to support pricing decisions
Conduct price sensitivity and elasticity analysis to maximize revenue and profit
Implement and monitor pricing for key value items (KVIs)
Utilize pricing tools and systems to execute pricing strategies
Identify ongoing opportunities for margin and profitability improvement
Conduct competitive store visits to observe and evaluate pricing strategies
Maintain integrity of pricing data within the merchandising system
Enter and update pricing for new existing and discontinued items
Assign items to pricing groups to ensure logical grouping and consistency
Adjust timing of pricing changes to align with merchandising calendars and execution
Audit system outputs to ensure pricing accuracy
Research and resolve pricing issues submitted by stores category teams and reports
Partner with Category Managers to ensure pricing strategies are accurately reflected in systems
Create queries and generate reports to support merchandising and pricing decisions
Provide reporting documentation and support for pricing inquiries
Prepare monthly and ad hoc pricing analysis
Evaluate promotional pricing effectiveness including buy-more-save-more programs
Interpret and present report insights to support recommendations and decision-making
Collaborate with Category Managers on pricing strategies and category objectives
Communicate pricing trends and supporting analytics
Provide support for pricing-related issues across the business as needed
Qualifications
Education and Experience:
Bachelors degree in business finance or a related field and a minimum of two (2) years of analysis experience or equivalent combination of education and experience
Required Knowledge:
Microsoft Office Suite (Excel PowerPoint and Word)
Knowledge of retail pricing concepts practices and procedures
Knowledge of pricing systems processes and their impact on overall store performance and value
Skills & Abilities:
Strong computer skills with proficiency in pricing and analytical tools
Strong analytical and problem-solving skills
Strong work ethic with a positive solution-oriented mindset
Excellent communication skills including listening verbal and written communication
Ability to prioritize multiple assignments and meet tight deadlines
Ability to build and maintain effective working relationships
Ability to adapt to changing priorities and business needs
Ability to work independently with minimal supervision
Physical Demands
Sitting; work is primarily sedentary
Viewing computer monitor for extended periods
Keyboarding and repetitive hand movement
Work Environment
Work is performed in an in-person business office environment. This is not a remote or hybrid position.
This position requires occasional travel to store locations.
This position requires occasional after-hours support based on business needs.
Internal Applicants:
No disciplinary action during the past 6 months.
You must upload a resume and answer all application questions.
Compensation: The range displayed reflects the range the company reasonably expects to pay for the position. The actual compensation offered to the selected individual(s) will depend on their relevant education training or experience among other bona fide factors.
Required Experience:
IC
About Company
Bashas' is working up a sweat standing its ground in Southwest. The regional grocery chain operates about 130 stores (down from more than 160 in 2008), all but two of which are located in Arizona. (The other locations are in California and New Mexico.) Its holdings include Bashas' tra ... View more